Seller's Agent in 2016
Patrick Mercado
PropertiesNW of Gig Harbor Ltd
(253) 370-0779
188 Total Sales
Listed by PropertiesNW of Gig Harbor Ltd, Bought with PropertiesNW of Gig Harbor Ltd
Estimated Value: $790,000 - $1,358,685
3
Beds
1
Bath
2,280
Sq Ft
$500/Sq Ft
Est. Value
Highlights
- Low Bank Waterfront Property
- Canal View
- Detached Garage
- Docks
- 1 Fireplace
- Level Lot
About This Home
As of May 2016Spectacular low-bank waterfront on South Shore of the Hood Canal. Approx 134 feet of prime frontage includes shared deep water moorage dock and full concrete bulkhead. 2,280 sft home suffered extensive water damage in the past and now requires a complete and total renovation, but the potential is off the charts. Incredible views from a huge entertainment deck. Property is part of the Madrona Beach Assoc, with a community water system.
Last Agent to Sell the Property
PropertiesNW of Gig Harbor Ltd License #24129 Listed on: 04/15/2016
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM926015
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,686
Year Built
- Built in 1985
Lot Details
- Low Bank Waterfront Property
- Home fronts a canal
- Street terminates at a dead end
- Level Lot
Parking
- Detached Garage
Property Views
- Canal
- Mountain
Home Design
- Composition Roof
- Wood Siding
- Wood Composite
Interior Spaces
- 1 Bathroom
- 1 Fireplace
Outdoor Features
- Bulkhead
- Docks
Utilities
- Septic System
Community Details
- Union Community
Listing and Financial Details
- Assessor Parcel Number 322321400010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 15, 2016
Closed on
May 16, 2016
Sold by
Bank Of America Na
Bought by
Pitt David M and Pitt Katie C
Seller's Agent
Patrick Mercado
PropertiesNW of Gig Harbor Ltd
Buyer's Agent
Neil Bender
PropertiesNW of Gig Harbor Ltd
List Price
$435,900
Sold Price
$451,000
Premium/Discount to List
$15,100
3.46%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$689,562
Avg. Annual Appreciation
10.51%
Purchase Details
Listed on
Apr 15, 2016
Closed on
Mar 29, 2016
Sold by
Butts John R
Bought by
Bank Of America Na
Seller's Agent
Patrick Mercado
PropertiesNW of Gig Harbor Ltd
Buyer's Agent
Neil Bender
PropertiesNW of Gig Harbor Ltd
List Price
$435,900
Sold Price
$451,000
Premium/Discount to List
$15,100
3.46%
Purchase Details
Closed on
Mar 14, 2007
Sold by
Butts John R
Bought by
Butts John R and The John R Butts Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.11%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jan 12, 2005
Sold by
Biernacki Henry R A and Biernacki Cathleen C
Bought by
Hannah Benjamin L and Hannah Kristin J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
4.87%
Mortgage Type
Assumption
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pitt David M | $451,280 | Land Title Co | |
| Bank Of America Na | $425,000 | None Available | |
| Butts John R | -- | None Available | |
| Hannah Benjamin L | $750,000 | Land Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pitt David M | $420,000 | |
| Closed | Pitt David M | $424,000 | |
| Closed | Pitt David M | $424,000 | |
| Previous Owner | Butts John R | $155,000 | |
| Previous Owner | Butts John R | $700,000 | |
| Previous Owner | Hannah Benjamin L | $365,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/26/2016 05/26/16 | Sold | $451,000 | +3.5% | $198 / Sq Ft |
| 04/26/2016 04/26/16 | Pending | -- | -- | -- |
| 04/15/2016 04/15/16 | For Sale | $435,900 | -- | $191 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,686 | $1,219,685 | $262,380 | $957,305 |
| 2023 | $8,686 | $958,275 | $468,535 | $489,740 |
| 2022 | $6,357 | $691,735 | $386,600 | $305,135 |
| 2021 | $7,047 | $691,735 | $386,600 | $305,135 |
| 2020 | $7,777 | $685,585 | $393,120 | $292,465 |
| 2018 | $7,232 | $686,235 | $424,830 | $261,405 |
| 2017 | $6,158 | $686,260 | $424,855 | $261,405 |
| 2016 | $6,144 | $612,460 | $385,150 | $227,310 |
| 2015 | $6,201 | $626,560 | $397,060 | $229,500 |
| 2014 | -- | $624,370 | $397,060 | $227,310 |
| 2013 | -- | $668,475 | $465,500 | $202,975 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick Mercado
-
Neil Bender
Buyer's Agent in 2016
Neil Bender
PropertiesNW of Gig Harbor Ltd
(253) 549-3366
118 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM926015
APN: 32232-14-00010
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID
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